Search Results for keywords:"Data Processing"

Found 2 results

Search Results: keywords:"Data Processing"

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  • 2024-30899 — Self-Regulatory Organizations; BOX Exchange LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend the Fee Schedule relating to BOX Connectivity Fees and Port Fees for Trading on the BOX Options Market LLC Facility
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    Type:Notice
    Citation:89 FR 105657
    Reading Time:about 18 minutes

    The BOX Exchange LLC proposed a rule change to update its Fee Schedule by increasing fees for connectivity and ports used on the BOX Options Market LLC facility. These changes reflect an 8% fee increase justified by an industry-specific inflation measure called the Producer Price Index for Data Processing and Related Services. The fee adjustments are meant to help the Exchange maintain and enhance its market technology and services, despite not having increased these fees since 2018. The Securities and Exchange Commission is seeking public comments on this proposal until January 17, 2025.

    Simple Explanation

    The BOX Exchange LLC wants to raise the costs for using their special market computers by 8% because they haven't changed these costs since 2018, and they say prices for this kind of service have generally gone up. The government is asking people to share their thoughts on this idea by January 17, 2025.

  • 2025-05450 — Self-Regulatory Organizations; Cboe C2 Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Increase the Monthly Fee for 10 Gb Physical Ports
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    Type:Notice
    Citation:90 FR 14300
    Reading Time:about 23 minutes

    The Cboe C2 Exchange, Inc. has proposed a change to increase the monthly fee for 10 Gb physical connection ports from $7,500 to $8,500. This change is intended to help maintain and enhance their market technology and services and is still competitively priced compared to other exchanges. The proposed fee adjustment is justified by inflation and significant technological upgrades made by the Exchange since the current fee was set in 2018, which has improved the speed and capacity of their services. The proposal is filed under the regulations of the Securities Exchange Act of 1934, and public comments are invited on this change.

    Simple Explanation

    Cboe C2 Exchange wants to raise the price for special internet plugs used by companies to trade fast on their system from $7,500 to $8,500 a month, which they say is due to upgrades and inflation, and they invite people to share their thoughts about this change.